2,255 points. Right now we are down 2,003 points. At 1 00 p. M. , money started fluttering down, the Federal Reserve making a move to support the bond market amid the coronavirus collapse. The s p 500, by the way, had been down 240 points and of course, we had 689 points getting slashed off the nasdaq. Right now the s p is down 219 and as we look at the nasdaq its down 619. Despite the feds move, the s p and nasdaq joined the Dow Jones Industrials in a bear market. This as the 11year bull market is officially about to come to an end. The selloff kicked in pretty much right at the open and five minutes in, triggered once again for the second time this week the Circuit Breakers that halted trading for 15 minutes. Lets show you some metrics here. The oil patch. Take a look at this. It is playing a huge role in this selloff once again. Oil is crashing, folks. We do have it down to 31. 32. Thats a loss of 5 today. Much of this comes after President Trump announced a travel ban on flights fr
How worried should you be . Nine Business Days ago, the legendary Warren Buffett talked on cnbc about the greatest of america and the power of longterm investing. He explained stocks were still the best assets. He pointed out that even if you bought and held during the financial crisis in 2008, the worst possible time, youre up big now. But since buffett made that call two weeks ago, the s p 500 is down roughly 10 , thanks in part to another brutal session where the dow plunged 970 points the s p plummeted 3. 93 and the nasdaq nosedived 0. 10 . Buffett always says you should be fearful when others are greedy and be greedy when others are fearful. He publish an oped buy american, i am as the oracle explained, and i quote, i havent the famous idea as to whether stocks will be higher or lower a month or a year from now. What is likely is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up so if you wait for the robins, spring wi
Sectors expanded use of technology, its just not ready primetime. During this hearing, well private sectors development, use and sale of technology as well as its partnerships with Government Entities, using this technology. We learned from our first may 22 of 2019 that he use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy. Protection and equal under the law. We learned during our second federal, n june 4 how state and local Government Entities use this technology on wide scale. Yet provide very little why itsncy on how and being used or on security measures to protect sensitive data. Despite these concerns, we see facial Recognition Technology and more in our everyday lives. Used in ology is being schools, grocery stores, irports, malls, theme parks, stadiums and on our phones, social media platforms, door and even in ootage hiring decisions and its used by Law Enforcement. This technology is completely unregula
F facial Recognition Technology. They testified before the House Oversight and reform committee. Working on e is legislation to address the emerging technology. Good morning, everyone, and is out objection the chair authorized to declare a recess of the committee at any time. Would now like to recognize myself to give an opening statement. Today the committee is holding on a critical ng issue. Facial recognition tech. Its clear that despite the sectors expanded use of technology, its just not ready primetime. During this hearing, well private sectors development, use and sale of technology as well as its partnerships with Government Entities, using this technology. We learned from our first may 22 of 2019 that he use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy. Protection and equal under the law. We learned during our second federal, n june 4 how state and local Government Entities use this technology on wide
The committee will come to order. Good morning, everyone. Without objection the chair is authorized to declare a recess of the committee at any time. With that i would like to recognize myself to give an Opening Statement. Today, the committee is holdingg our third hearing this congress on a critical issue, facial Recognition Technology. It is clear that, despite the private sectors expanded use of technology, its just not ready for prime time. During this hearing we will examine the private sectors development, use, and sale of technology as well as its partnerships with Government Entities, using this technology. We learn from our first hearing on may 22 of 2019 that the use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy, free speech, and equal protection under the law. We learned during our second hearing on june 4 how federal, state and local Government Entities use this technology on a wide scale, yet abide